Part 10Assured tenancy allowances
Chapter 5Writing-down allowances
Entitlement to and calculation of writing-down allowances
507Entitlement to writing-down allowance
1
A person is entitled to a writing-down allowance for a chargeable period if—
a
qualifying expenditure has been incurred on a building,
b
that person is or has been an approved body,
c
at the end of that chargeable period the person is entitled to the relevant interest in the building, and
d
at the end of that chargeable period, the building is or includes a qualifying dwelling-house or two or more qualifying dwelling-houses.
2
A person claiming a writing-down allowance may require the allowance to be reduced to a specified amount.